Wall Street closes mixed after the Beige 'weather' book

FXStreet (San Francisco) - In a choppy day, the US stocks market finished the session with gains on the Nasdaq but loses in the Dow and S&P 500 indexes. Overall stocks were extending Tuesday big rally but not huge bets were taken as investors remain cautious ahead of BoE and ECB central banks decisions.

The Beige Book was a non event as the Fed informed that the United States suffered severe weather conditions in February that slowed down the pace in retail sales and hiring; however, the US remains in a growth situation.

The Dow Jones declined 35.70 points or 0.22% to finish the day at 16,360.18; the S&P 500 eased 0.10 points to close at 1,873.81; and the Nasdaq advanced 6 points or 0.14% to 4,357.97.